Budget 2027: €1.5bn in tax cuts, and ministers must 'prioritise' if they seek to increase spending

Jack Chambers tells departments 'real trade-offs and prioritisation will be required' as 'there’s less available across Government next year than there was last year'
Jack Chambers speaking earlier this month at the American Chamber of Commerce Ireland. The public expenditure minister yesterday warned fellow ministers they would face 'real trade-offs and prioritisation' ahead of Budget 2027. File picture: Conor McCabe

Jack Chambers speaking earlier this month at the American Chamber of Commerce Ireland. The public expenditure minister yesterday warned fellow ministers they would face 'real trade-offs and prioritisation' ahead of Budget 2027. File picture: Conor McCabe

Thu, 23 Jul, 2026 - 06:05
Paul Hosford

The Government will have €1.5bn for tax cuts in this October’s budget, but ministers have been warned that new spending will see “choices and trade-offs” made as ministers grapple with belt-tightening in their departments.

Money ministers Jack Chambers and Simon Harris yesterday unveiled details of the summer economic statement, which shows that day-to-day government spending will climb by €5.9bn next year, with €1.1bn for capital expenditure and €1.5bn for tax cuts.

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